Xuber Celebrates First 'Xuber For Reinsurers' Customer Win: Everest Re To Implement The New Xuber Platform

CHICAGO, Nov. 12, 2013 /PRNewswire/ -- Xuber, the insurance software business of Xchanging plc, announced today that Everest Reinsurance Company ("Everest Re") has selected Xuber for Reinsurers end-to-end solution to replace its existing legacy system. The deal marks the first customer to begin implementation of Xuber's new platform for reinsurers.

"Nothing could be more exciting than to sign our first customer to implement our new Xuber for Reinsurers software suite," said Adrian Morgan, Chief Operating Officer of Xuber. "We are very pleased to have the honor of working with such a renowned global reinsurer like Everest Re and we look forward to a very successful partnership with them in the months and years to come."

Everest Re will implement the suite of products which consists of four components: Xuber Contract, Xuber Claims, Xuber Billing and Xuber Retro Ceding. Implementation will begin immediately.

"We chose Xuber because of its seamless global capabilities and because of the robust functionality of its systems. Xuber for Reinsurers will enable us to migrate from legacy systems with a modern, configurable and flexible platform to support our growing and changing business needs," said Barry Smith, Executive Vice President and Chief Administrative Officer of Everest Re.

Sandeep Bajaj, Everest Re's Senior Technology Officer said, "At the end of the day, Xuber for Reinsurers will allow us to capture and analyze data more effectively, provide better integration with internal systems, streamline workflows and increase efficiencies across the enterprise." 

Adrian Morgan added, "We invested in our Xuber software technology and built a new system from the ground up at a time when both analysts and customers were telling us that there was a critical gap in the marketplace that no single vendor could fill. This new customer win is an excellent validation of our investment and the resulting product."

Xuber invested more than $31 million in developing its next generation commercial software system, which is based on best-in-class components that can stand alone or integrate seamlessly for a robust and flawless user experience. Built on the Microsoft® .NET platform, Xuber core process solutions include Xuber for Insurers, Xuber for Reinsurers, Xuber for Brokers and Xuber for MGAs. The company offers several deployment options, a reliable migration methodology and accredited training.  

Xuber
What we are
Xuber is an international software house that has been a trusted provider of innovative specialist commercial insurance software, end-to-end, for over 30 years. Xuber forms part of Xchanging plc, the business process, procurement and technology services provider.

What we do
Xuber provides software for insurance specialists, by insurance specialists. The unique configurability and flexibility of its offering removes constraints and enables business growth via greater integration and global reach. Our solutions are currently deployed by 130 brokers and carriers in over 40 countries across the U.S., UK, mainland Europe and Asia Pacific.

What we want to be
Xuber wants to be regarded as the number one global insurance software provider by delivering products and services that are renowned for outstanding quality, reliability and innovation.

Learn more at xuber.com

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About Everest Re
Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S. and international markets. Additional information on Everest Reinsurance Company and the Everest Re Group of companies can be found at the Group's web site at www.everestregroup.com.

SOURCE Xuber